I had been preparing some year-end financial tips when Sue Stevens for Morningstar put together an exceptional Personal Finance Checklist that is worth checking out.
I agree with the majority of the document except for one thing:
1. She hints at buying/selling mutual funds. Don’t do it! Index, index, index! Remember, end of year is a great time to rebalance your portfolio; however, lots of factors play into your ideal mix—age, tolerance for risk, etc. I’m roughly 70% indexed—USAA S&P 500 Index Fund—with 15% in individual stocks and 15% cash in a money market account patiently awaiting my next move.
Sunday, December 23, 2007
Personal Finance Year-End Checklist
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14 comments:
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Hi !.
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I feel good, I started to take up real money with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner utilizes your money in a right way - that`s it!.
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Hello friend very professional and useful information about Personal Finance Year-End Checklist thanks for sharing!!!
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Пасибо за материалы! :)
Respect www.brianreeseblogs.com
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